Senegal recorded a trade deficit of 201.60 CFA Franc Billion in December of 2020. source: ANSD, Senegal

Balance of Trade in Senegal averaged -146.83 CFA Franc Billion from 2009 until 2020, reaching an all time high of -27.93 CFA Franc Billion in February of 2011 and a record low of -332.80 CFA Franc Billion in March of 2020. This page provides - Senegal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Balance of Trade in Senegal is expected to be -185.00 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Senegal to stand at -185.00 in 12 months time. In the long-term, the Senegal Balance of Trade is projected to trend around -185.00 CFA Franc Billion in 2022 and -205.00 CFA Franc Billion in 2023, according to our econometric models.

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Senegal Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-201.60 -215.10 -27.93 -332.80 2009 - 2020 CFA Franc Billion Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-11-18 01:30 PM Sep CFA -217B CFA -144B CFA -185B
2020-12-18 01:00 PM Oct CFA -151B CFA -217B CFA -300B
2021-01-18 10:00 AM Nov CFA -215B CFA -151B
2021-02-15 10:00 AM Dec CFA -201.6B CFA -215B CFA -230B
2021-03-12 12:00 PM Jan CFA -201.6B
2021-04-16 03:30 PM Feb
2021-05-14 03:00 PM Mar
2021-06-11 03:30 PM Apr

Senegal Balance of Trade
Senegal’s growing mineral production has not been able yet to reverse a systemic trade deficit. Senegal is a net exporter of oil, phosphate, gold and fish. However, the country is dependent on the import of fuels, foodstuffs and capital equipment. Senegal’s main trading partners are: Cote d’Ivoire, Mali, France and the United States..